The ledger of Wildhorse Company contains the following balances: Owner's Capital $28,600, Owner's Drawings $2,700, Service Revenue $50,000, Salaries and Wages Expense $27.100, and Supplies Expense $7.900. The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts (3) Close net income/loss). (4) Close drawings Enter the balances in T-accounts, post the closing entries in the order presented in the problem and use the numbers as a reference. Salaries and Wages Expense Supplies Expense Service Revenue Owner's Drawings Salaries and Wages Expense Supplies Expense Service Revenue Owner's Drawings Income Summary 4 4 Owner's Capital e Textbook and Media